The Fact That an Organization Invests Significant Amounts of Cash

question 14

Multiple Choice

The fact that an organization invests significant amounts of cash in the sourcing function relates to which impact of the sourcing function:

• A) Risk mitigation
• B) Strategic
• C) Finance
• D) Operational
• E) Information

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Definitions:

State of Nature

A concept in political philosophy used to describe the hypothetical conditions of human life before the establishment of society or government.

Thomas Hobbes

A 17th-century English philosopher best known for his work in political philosophy, particularly his book "Leviathan," which established the foundation for most of Western political philosophy.

Judicial Review

The power of courts to assess the constitutionality of laws and government actions and to overturn those that are found unconstitutional.

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed.